Ashton Thomas Securities LLC Purchases 17,000 Shares of MFS Multimarket Income Trust (NYSE:MMT)

Ashton Thomas Securities LLC boosted its position in shares of MFS Multimarket Income Trust (NYSE:MMT) by 97.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,500 shares of the closed-end fund’s stock after acquiring an additional 17,000 shares during the quarter. Ashton Thomas Securities LLC owned 0.06% of MFS Multimarket Income Trust worth $162,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Schwarz Dygos Wheeler Investment Advisors LLC bought a new stake in shares of MFS Multimarket Income Trust in the 4th quarter valued at about $72,000. Kovitz Investment Group Partners LLC acquired a new position in MFS Multimarket Income Trust during the third quarter worth approximately $103,000. Atomi Financial Group Inc. raised its stake in MFS Multimarket Income Trust by 6.8% in the fourth quarter. Atomi Financial Group Inc. now owns 59,447 shares of the closed-end fund’s stock valued at $279,000 after buying an additional 3,759 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of MFS Multimarket Income Trust by 4.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 183,356 shares of the closed-end fund’s stock valued at $860,000 after buying an additional 7,055 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of MFS Multimarket Income Trust by 33.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 367,292 shares of the closed-end fund’s stock worth $1,723,000 after acquiring an additional 92,815 shares during the period. Institutional investors and hedge funds own 18.97% of the company’s stock.

MFS Multimarket Income Trust Stock Performance

MMT opened at $4.67 on Wednesday. The stock’s fifty day simple moving average is $4.66 and its 200 day simple moving average is $4.71. MFS Multimarket Income Trust has a 1-year low of $4.43 and a 1-year high of $4.90.

MFS Multimarket Income Trust Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.0337 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 8.66%. The ex-dividend date is Tuesday, March 18th. This is a boost from MFS Multimarket Income Trust’s previous monthly dividend of $0.03.

MFS Multimarket Income Trust Company Profile

MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.